Veritec, Inc. (VRTC)

USD 0.02

(0.0%)

Market Cap (In USD)

798.76 Thousand

Revenue (In USD)

461 Thousand

Net Income (In USD)

-1.05 Million

Avg. Volume

588.00

Currency
USD
Country
Technology
Open
-
Prev. Close
-
Day Range
-
Year Range
0.01-0.06
PE
-
EPS
-
Beta Value
-24.386
ISIN
US9234373051
CUSIP
923437305
CIK
773318
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Technology
Industry
Software - Application
CEO
Ms. Van Thuy Tran
Employee Count
-
Website
https://www.veritecinc.com
Ipo Date
2004-05-18
Details
Veritec, Inc., together with its subsidiaries, engages in the development, sale, and licensing of products; and provision of services related to mobile banking solutions in the United States. The company offers Mobile Toggle Card program, a debit based, pre-paid, and gift card solution to debit card issuers and sponsoring organizations; and blinx ON-OFF debit card-Visa prepaid card programs. It also enables card issuers and sponsors to issue debit, pre-paid, and gift cards under their own branded programs through the licensed use of the mobile banking platform; and provides related professional services. In addition, the company offers blinxPay mobile wallet application, a payment processing system that enables customers to make purchases at participating merchants using funds loaded into their blinxPay virtual account. Further, its mobile banking solution enables member card programs to process and settle member rewards in open or closed loop processing environment, as well as offers back-end card processing services to the card issuing institutions for various cardholder transactions on the licensed platform. The company was incorporated in 1982 and is based in Golden Valley, Minnesota.